Online apparel and shoe retailer Bigshoebazaar India has secured $9 million funding, VC Circle reports. Narayana Murthy’s venture capital firm Catamaran Ventures and Nexus Venture Partners invested in the Delhi-based online retailer.
The company will use the proceeds to expand its reach and strengthen backend supply chain and delivery infrastructure. The online wholesaler of shoes, apparel, bags, accessories and gift items raised $2.2 million from Nexus in its first round of funding in 2010.
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